UTK, Inc. is considering introducing a new bobblehead doll. Each doll costs $3.00 to make and will sell for $6.4. Packaging machinery will cost $100,000, including shipping and installation. Sales are expected to be 100,000 dolls in Year 1, 150,000 dolls in Year 2 and 200,000 dolls in Year 3 after which the equipment will be sold, and the production line shut down. The equipment will be sold for $80,000 at the end of 3 years. The machinery will be depreciated using the 5-year MACRS depreciation schedule, shown below. Assume the required incremental investment in working capital in Year 1 is $21,600. UTK's tax rate is 25%

Year 1 2 3 4 5 6 Depreciation % 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 

Calculate the project's total cash flow for capital budgeting purposes in Year 1. Enter your number in dollars (but not with a $ sign!) and round to the nearest dollar. Do not round intermediate calculations.